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The Latest Breaking News from Centerpoint

National Fuel Expands In Ohio With $2.6 Billion CenterPoint Energy Deal

National Fuel Gas Company (NYSE:NFG) shares are trading lower on Tuesday, following the company’s disclosure of the acquisition of CenterPoint Energy, Inc.’s (NYSE:CNP) Ohio natural gas local distribution company (LDC), for $2.62 billion.

Benzinga

CenterPoint Energy Investing Billions, Adding 800 New Jobs By 2030

CenterPoint Energy Inc. (NYSE:CNP) is ramping up hiring and infrastructure investments as part of a broader push to meet fast-growing electricity needs across Houston.

Benzinga

Is CenterPoint Energy Stock Outperforming the Nasdaq?

CenterPoint Energy has notably outpaced the Nasdaq Composite over the past year, and analysts remain optimistic about the stock’s prospects.

Barchart

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ERCOT approves $54 million plan to move CenterPoint’s mobile generators to San Antonio

All Texans connected to the state grid will now pay for the generators rather than just CenterPoint customers.

The Texas Tribune

CenterPoint Energy Stock: Analyst Estimates & Ratings

Despite CenterPoint Energy lagging behind the broader market over the past year, Wall Street analysts remain moderately bullish on the stock's outlook.

Barchart

CenterPoint Energy settles rate case, will lower power costs for customers

Houston’s main electrical company backed off plans to raise rates after facing sharp criticism for its response to massive power outages after Hurricane Beryl.

The Texas Tribune

FERC Not Required to "Second Guess" State Energy Choices Under NEPA

The D.C. Circuit adopts a suitably constrained view of FERC's legal obligations when conducting environmental impact assessments.

Reason

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People on breathing machines struggle without power after weather disasters

Extreme weather is making power outages longer and more frequent across the U.S. People with health conditions who depend on medical devices powered by electricity are particularly vulnerable

The Independent UK

Do Wall Street Analysts Like CenterPoint Energy Stock?

As CenterPoint Energy underperformed relative to the broader market over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Barchart

In Texas, a Crisis of Inaction Without Consequence

In the face of our leaders’ blatant disregard, short-lived outrage is not enough. It’s time for everyday Texans to take back their power.

Texas Observer

Abbott says potential power outages from Tropical Storm Francine will be restored within hours

Texas isn’t expected to take a direct hit when the storm makes landfall as a hurricane. But storm surge and dangerous winds are possible.

The Texas Tribune

After Hurricane Beryl, Cooling Centers Were Few and Slow to Arrive for Houstonians of Color—Some Died of Heat Exposure

During the power outage following the storm, a shocking lack of support in vulnerable communities reflected a larger breakdown in coordination between the state, CenterPoint Energy, and local governments.

Texas Observer

Texas Attorney General Investigates Houston Utility After Hurricane Outages

Texas AG investigates CenterPoint Energy for alleged fraud and waste post-Hurricane Beryl power outages, raising concerns over Houston's power grid reliabi...

Top News

Texas launches new investigation into Houston's power utility following deadly outages after Beryl

Texas has opened an investigation into a Houston area utility provider over allegations of fraud and misuse of taxpayer dollars during its botched response to Hurricane Beryl

The Independent UK

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Top News

Texas Deaths Rise To 36 After Hurricane Beryl Outages

Devastating aftermath of Hurricane Beryl in Texas: 36 deaths, power outages, and scrutiny of CenterPoint's response.

The Texas Tribune

CenterPoint CEO promises improvements as Texas scrutinizes company’s Beryl response

Jason Wells told regulators the company will launch a new outage tracker by Aug. 1. It will also trim more tree limbs near power lines and hire an executive to focus on emergency response.

Top News

Centerpoint Energy Promises Improvements After Hurricane Outages

CenterPoint Energy executives pledge to enhance response strategies post-Hurricane Beryl power outages, focusing on accountability and customer safety.

The Texas Tribune

CenterPoint draws state ire after Hurricane Beryl power outages. Here’s what you need to know.

Following Hurricane Beryl’s large-scale power outages, state officials launched an investigation and legislative hearings to scrutinize CenterPoint’s response after the storm.

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The Independent UK

Woman, 64, dies from extreme heat as Texas outages continue two weeks after Beryl hammered state

At least 23 people have died due to heat-related illnesses in the wake of power outages caused by Hurricane Beryl amid a deadly heat wave

Latin Times

Heat Caused A Third Of Hurricane Beryl Deaths In Texas

Deaths due to heatwaves are becoming more common, and this shows how different types of environmental disasters can easily overlap. The deaths highlight how poorly prepared Texas is for extreme weather events.

Barchart

What to Expect From CenterPoint Energy's Q2 2024 Earnings Report

As CenterPoint Energy prepares to announce its second-quarter earnings this month, analysts predict a modest surge in its profitability.

The Texas Tribune

Why Texas’ mass power outages continue to happen

Repairing electricity infrastructure after storms usually costs customers. So could strengthening it before the next weather event.

The Independent UK

Anger over Houston power outages after Beryl has repair crews facing threats from some residents

Houston’s prolonged outages following Hurricane Beryl has some fed-up and frustrated residents taking out their anger on repair workers who are trying to restore power across the city

Top News

Houston Outages Expected To Be Resolved Within Two Days

CenterPoint Energy's response to Hurricane Beryl in Texas under scrutiny, highlighting grid resilience concerns and calls for reforms.

The Independent UK

Texas governor criticizes Houston energy as utility says power will be restored by Wednesday

The Houston area’s main utility company says it expects to have power restored to most residents by Wednesday

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